Joe Adler

Loans or other investments that "revitalize or stabilize federally designated disaster areas" could help boost banks' scores on Community Reinvestment Act exams, the FDIC said in a letter to institutions.

ICBA says fair-lending actions overstep legal authority by focusing outside a bank's CRA assessment boundaries.

Krueger, who would succeed Austan Goolsbee on the Council of Economic Advisers, had stints in both the Treasury and Labor departments

The banking and credit union trade associations in Washington are not known to see eye to eye very often. But they do sometimes swap staff.

With the Eastern Seaboard bracing Friday for the arrival of Hurricane Irene, the FDIC told banks to look in the not-too-distant past for how to deal with damaging storms.

A new Federal Reserve Board report refutes the claim by some that the Community Reinvestment Act and affordable housing goals of Fannie Mae and Freddie Mac caused the mortgage crisis.

Institutions made more progress this year clearing out the worst of shared corporate loans stemming from the financial crisis, but whether they can translate that into loan expansion is still an open question.

Any broad new plan to refinance mortgages would hold considerable appeal to the Obama administration, and might raise fewer objections than earlier plans did.

Underlyling the FDIC's relatively positive quarterly report is a story of risk aversion by banks. Earnings can't be sustained at this rate, regulators warn.

The Federal Deposit Insurance Corp.'s "Quarterly Banking Profile" showed many positive signs for the industry. Net income was nearly 38% higher than a year earlier, registering the eighth straight quarter with year-over-year earnings growth. Total loans rose 0.9% in the quarter to $7.3 trillion, the first such increase in three years.

Miami-based Ocean Bank faces a nearly $11 million fine to settle charges it turned a blind eye to drug traffickers allegedly using the bank to launder money.

The FDIC's return to black has led to calls for banks to get back some of the prepayments they made into the agency's Deposit Insurance Fund.

Efforts to crack regulators' code are varied but may be close to the mark.

WASHINGTON — As the stock prices of the big banks cratered on Monday, particularly for Bank of America Corp., pundits and industry observers began worrying that a second financial crisis was in the offing, including the possibility of the failure of a large financial institution.

WASHINGTON - Two failures Friday evening cost the Federal Deposit Insurance Corp. an estimated $160 million.

GAO says agency should document how it estimates impact of loss-share deals.

Even while his nomination stalls, executives from his home state push are lobbying for his confirmation.

Agency unveils new pilot program for smaller investors wanting to bid on loans.

An aggressive push by the Justice Department to investigate fair lending claims is prompting a backlash from bankers who claim the government is abusing its authority.

The Office of the Comptroller of the Currency definitely got the better end of its merger with the Office of Thrift Supervision. But among the downsides: The OCC is now on the legal hook for closing a thrift it never regulated.